Work transfer at Lynx loses Welshpool drivers
20th January 1994, Page 10
20th January 1994
Page 10
Page 10, 20th January 1994
— Work transfer at Lynx loses Welshpool drivers
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IIII Thirteen drivers will lose their jobs next month when Lynx closes its Welshpool depot in a cost-cutting exercise.
The depot's workload of 7,000 consignments a month will be transferred to Colwyn Bay, Stoke and Birmingham with some of the drivers relocating to the Stoke and Birmingham depots.
Lynx recently reported a loss of £10.1m on a
turnover of 03.5m in the year ending 2 October 1993. The company suffered opera; tional problems ' after buying :Federal
61116 Express's
Nuneaton hub last year when oFuetdExofpulZ Nuneaton hub last year when oFuetdExofpulZ
domestic parcels market.